Tommy's Mooney
Youth Team
- Joined
- Dec 19, 2011
- Messages
- 160
I’m hearing the insurance payout is going to befrom the terrorism policy rather than the aviation hull, but I think that is because it was deliberate rather than it actually being terrorism
My team insure Lufthansa which Germanwings is a part of - it's been another interesting week in the aviation insurance market.
Indeed we cover accidents ('fortuitous') whereas intentional incidents are covered under separate policies (war/terrorism)